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Back to Basics: The CARD Act, Webinar

May 21, 2021 @ 10:00 am - 11:30 am CDT

Click Here to Register

The Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 added a number of disclosure, underwriting and servicing requirements to Regulation Z specific to credit card accounts. Join Regulatory Compliance Counsel Michael Christians for this informative 90-minute session covering each of these requirements.

The CARD Act requires issuers to provide both application and solicitation disclosures as well as account opening disclosures. In addition, it requires issuers to consider a cardholder’s ability to repay prior to opening a new credit card account. Finally, the CARD Act imposes a number of servicing requirements on credit card accounts, including periodic statements, error resolution procedures, limitation on penalty fees and rules related to over-the-limit transactions.

Covered Topics

  • Credit card disclosures
  • Underwriting requirements
  • Statement of Billing Rights
  • Change in Terms Notice
  • Rate Increases
  • Payment Requirements

Who Should Attend?

Any financial institution representative involved in the solicitation, approval or servicing of a credit card account will benefit from attending this webinar.